Mortgage

Vancouver home sales nearly three percent in August: Real Estate Commission

Greater Vancouver real estate agents said home sales in the area totaled 1,959 last month, up from 1,904 sales in August 2024, but remained below the 10-year seasonal average of 19.2%.

Andrew Lis, director of economics and data analysis for the board, said the data showed sales in the independent and affiliated housing market increased by more than 10% from last year, “which suggests that buyers are re-entering the market in a meaningful way at more expensive prices.”

In August, there were 4,225 newly listed properties on the market, up 2.8% from last year.

The positive list grew 17.6% year-on-year to 16,242.

The comprehensive benchmark price for August was $1,150,400, 1.3% lower than last July.

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Last modified: September 3, 2025

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